Hi all,
I have a query regarding leaves. My company is calculating salary based on working days, which is 20. If they calculate like this, LOP per day will be very high. Previously, they used to calculate salary based on calendar days, but if a person takes leave on Friday and Monday, they used to deduct four days' salary. Is this the correct method to calculate salary?
Please reply.
Regards,
Praveen
From India, Bangalore
Acknowledge(0)
Amend(0)
2I have a query regarding leaves. My company is calculating salary based on working days, which is 20. If they calculate like this, LOP per day will be very high. Previously, they used to calculate salary based on calendar days, but if a person takes leave on Friday and Monday, they used to deduct four days' salary. Is this the correct method to calculate salary?
Please reply.
Regards,
Praveen
From India, Bangalore
Acknowledge(0)Amend(0)
Hi Praveen,
It depends on the company policy. Many companies have adopted the same policy that if somebody asks for leave on a weekend and then requests leave for the first day of the upcoming week consecutively, they may mark it as absent or require approval for all four days of leave in a row.
It would be advisable to review your company's leave policy.
Regards,
Amit Seth.
From India, Ahmadabad
Acknowledge(0)Amend(0)
It depends on the company policy. Many companies have adopted the same policy that if somebody asks for leave on a weekend and then requests leave for the first day of the upcoming week consecutively, they may mark it as absent or require approval for all four days of leave in a row.
It would be advisable to review your company's leave policy.
Regards,
Amit Seth.
From India, Ahmadabad
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Leave Encashment & Salary Calculation.xls x